The share price of Adani Group’s flagship firm Adani Enterprises gained up to 4% today to touch Rs 1,912.7 per equity share ahead of the earnings results announcement for the quarter ended March. Adani Enterprises’ shares have seen heightened volatility over the past few months as a result of the controversial Hindenburg Research report. The […]
Foreign portfolio investors (FPIs), who are enjoying a concessional tax rate of 5% on the interest income of rupee-denominated bonds, could be staring at a higher tax outgo after June 30, 2023. FPIs enjoy a lower TDS rate or withholding tax of 5% on the overall interest earned on such bonds issued by Indian firms […]
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